Business · Companies · 1 hr ago
Givaudan's third-quarter organic growth accelerates to 8.6%
Swiss maker Givaudan reported faster growth in the third quarter of 2026.
The company makes flavours and fragrances, and reported revenue of 5.89 billion Swiss francs for the first nine months, up 2.6% from a year earlier.
Organic growth reached 8.6% in the third quarter, compared with 3.6% in the first half and analysts’ 4.7% expectation.
Its flavour business showed signs of recovery, growing 3.5% organically in the quarter after 0.5% in the first half, though North America remained difficult.
Fragrance and beauty led growth, rising 13.5% in the quarter; luxury perfumes grew 15.3% over the first nine months.
Givaudan said it had raised prices to help offset higher raw material costs, while geopolitical challenges continued.
The company kept its medium-term targets of 4% to 6% average organic sales growth and adjusted free cash flow above 12% of sales.
Givaudan reported third-quarter organic sales growth of 8.6%, accelerating from 3.6% in the first half.
The growth exceeded analysts’ consensus forecast of 4.7% and the company’s medium-term target range of 4% to 6%.
Fragrance & Beauty grew organically by 13.5% in the quarter, while Taste & Wellbeing grew by 3.5%.
For the first nine months of 2026, sales were 5.89 billion Swiss francs, up 2.6% year on year, with organic growth of 5.2%.
Givaudan confirmed its medium-term targets for organic sales growth and adjusted free cash flow.
- Who
- Givaudan, the Geneva-based flavours and fragrance company.
- What
- It reported third-quarter organic growth of 8.6%, up from 3.6% in the first half.
- When
- The third quarter of 2026; the report was published on 13 October 2026.
- Where
- Givaudan is based in Geneva, Switzerland. The results cover its business; no specific market is stated.
- Why
- Fragrance & Beauty growth and a recovery in Taste & Wellbeing contributed to the increase.
This story does not have two clearly opposing sides.
Givaudan recorded organic growth of 3.6%; Taste & Wellbeing grew by 0.5%.
Organic growth reached 8.6%, with Taste & Wellbeing up 3.5% and Fragrance & Beauty up 13.5%.
Sales totalled 5.89 billion Swiss francs, with organic growth of 5.2%.
- Third-quarter organic growth
- 8.6%
- Analysts’ consensus forecast
- 4.7%
- First nine months’ sales
- 5.89 billion Swiss francs
- Taste & Wellbeing growth in Q3
- 3.5%
- Fragrance & Beauty growth in Q3
- 13.5%
- Medium-term organic growth target
- 4% to 6%
Sources
Related news
More vacant homes point to slight easing in Zurich rental market
Bank Syz appoints new private banking head and chief operating officer
McDonald’s Switzerland brings back The Prime for its 50th anniversary
Henry Schirmer to become Cofra CFO in January 2027
UBS customers receive overnight activation-code texts after technical problem
NZZ editor succession reportedly pits Mark Dittli against Benedict Neff
Zimmer Biomet cuts planned Winterthur job losses to 490
UBS veteran Claudio Scarfone to retire at the end of October
Flexbase’s Aargau data centre and battery face financing and permit questions
Schweiter names Stefan Boenders as its new CFO
Schlatter technology chief Daniel Fransson dies in holiday accident
